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york metropolitan region has for example, but four times the people. so all these factors put together contribute to avery real demand - continues demand for all sorts of real estate. >>reporter: and buyers are lapping up developments as soon as they are announced. vijay srirangan has invested half a million dollars in an apartment in this building complex in a mumbai suburb. even though it won't be ready till 2013. >>srirangan: they've got gardens, specialized gardens planned. they've got the usual clubhouse; they've got tennis courts that are planned, other games facilities are in place, children's park. several of those features, the ability to walk around inside the complex - as you grow older that's an important element - all of these add up to making this premium, exciting, and worth spending on as far as i'm concerned. >>reporter: the world's tallest residential tower, world one is planned in central mumbai. 60 percent of its apartments have already been sold, with prices up to 17 million dollars. when completed in 2014, the building will soar 4
york metropolitan region has for example, but four times the people. so all these factors put together contribute to avery real demand - continues demand for all sorts of real estate. >>reporter: and buyers are lapping up developments as soon as they are announced. vijay srirangan has invested half a million dollars in an apartment in this building complex in a mumbai suburb. even though it won't be ready till 2013. >>srirangan: they've got gardens, specialized gardens planned....
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i'm alison kosik at the new york stock exchange. this week the focus is on the health of steve jobs. he's expected to headline the annual developer's conference on monday, coming six months since he took a leave of absence. he introduced the new ipad 2 three months ago. they will unveil the icloud, the streaming music service. also expected to be introduced, the latest mobile operating system for ipads and iphones. on the economic calendar we get the beige book report which summarizes economic conditions across the united states as well as readings on consumer credit, the international trade balance, import and export prices and a look at wholesale inventories. on wednesday, the world's largest retailer is set to open walmart express, its first foret into the small store format. it will only contain 10,000 items, a sharp drop from the typical superstar. that's a look ahead in the week in business news. i'm alison kosik at the new york stock exchange. >>> one thing investors will be looking at this week is the price of crude oil. ope
i'm alison kosik at the new york stock exchange. this week the focus is on the health of steve jobs. he's expected to headline the annual developer's conference on monday, coming six months since he took a leave of absence. he introduced the new ipad 2 three months ago. they will unveil the icloud, the streaming music service. also expected to be introduced, the latest mobile operating system for ipads and iphones. on the economic calendar we get the beige book report which summarizes economic...
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Jun 9, 2011
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maggie lake, cnn, new york. >>> and a week-long special series on cloud computing continues tomorrow. we'll take a look at the latest product and service launches and also we'll be gauging the mood among buyers and sellers at a major cloud computing industry gathering getting under way in new york. that's friday on "world business today." >>> staying with technology, a new face recognition feature on facebook has caused yet more kerns over privacy. the company scans users photos as they're uploaded and figures out who is in the picture by analyzing their facial features. facebook has since let users opt out of the feature and it also admits it made a mistake. we should have been more clear with people during the rollout process when this became available to them. that hasn't kept "world business today" off facebook. if you want to comment on it or any of the other stories, get in touch with the whole team on our very own facebook page, go to facebook.com/cnnwbt and let us know your thoughts. >>> steve jobs has made many things become a reality. this is what he says apple's new campus
maggie lake, cnn, new york. >>> and a week-long special series on cloud computing continues tomorrow. we'll take a look at the latest product and service launches and also we'll be gauging the mood among buyers and sellers at a major cloud computing industry gathering getting under way in new york. that's friday on "world business today." >>> staying with technology, a new face recognition feature on facebook has caused yet more kerns over privacy. the company scans...
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Jun 10, 2011
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i'm alison kosik in new york. >>> that's how stocks finished. let's have a look at how they're poised to open. the early indications is that we could see a lower start. the dow jones industrial average futures currently falling by by 0.3%, similar situation for the nasdaq and also the s&p at the moment. >>> and there were two. in the wake of dominique strauss-kahn's resignation, the imf leadership battle was men the to be a hard-fought contest between europe and the developing world. the roots to the top sees the fresh finance minister pitted against the mexican central banker. these are the two most likely candidates now that nominations are near the point of closure. one of them will become the m.d. of the international monetary fund. christine lagarde is known as a top international lawyer and a former synchronized swimmer who represented the french national team. she's the first financing minister from a g8 country. she's hugely respected in the realm of international economics. so too is augustin carstens. he claims his candidacy would brin
i'm alison kosik in new york. >>> that's how stocks finished. let's have a look at how they're poised to open. the early indications is that we could see a lower start. the dow jones industrial average futures currently falling by by 0.3%, similar situation for the nasdaq and also the s&p at the moment. >>> and there were two. in the wake of dominique strauss-kahn's resignation, the imf leadership battle was men the to be a hard-fought contest between europe and the...
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Jun 11, 2011
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or new york. most politicians learn to talk like people from d.c. or new york. palin said i'm not going to do that. >> look, i think there is an opportunity she will have if she does decide to run to jump in, redefine herself. the public will give her a second look and determine whether or not she now passes muster on these -- a rather high bar that should be celt for somebody running for the president -- >> and you have the movie coming out. and full court press. >> media for sarah palin. matt lewis, thanks so much for joining us. coming up, new fears in japan and possible new evacuations. michio kaku joins us with tales of mutant creatures and a nuclear disaster that just won't go away. :20011231][v you were the last to be born in a family of 7 brothers. that's why you had to sleep on the seventh bunk bed and you developed vertigo, and that's why you couldn't become a pilot and you had to study engineering. you patented 367 inventions, but only 3 made it to market. that's why you don't have an apartment on the 16th floor and you have it on the fifth, but that'
or new york. most politicians learn to talk like people from d.c. or new york. palin said i'm not going to do that. >> look, i think there is an opportunity she will have if she does decide to run to jump in, redefine herself. the public will give her a second look and determine whether or not she now passes muster on these -- a rather high bar that should be celt for somebody running for the president -- >> and you have the movie coming out. and full court press. >> media for...
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cnn, new york. ♪ >> be sure to tune into the show on wednesday. john will join us live from russia for coverage of the st. petersburg international forum. this year's event includes building russia's creative capital. we'll bring you interviews with world leaders, ceos and more. plus, why russia is the land of opportunity for businesses and investors. well, they hope so anyway. that's from wednesday on world business today and across cnn program willing. meanwhile, that's it for this edition of world business today. thanks for joining us, or me i should say. worldwide is next.
cnn, new york. ♪ >> be sure to tune into the show on wednesday. john will join us live from russia for coverage of the st. petersburg international forum. this year's event includes building russia's creative capital. we'll bring you interviews with world leaders, ceos and more. plus, why russia is the land of opportunity for businesses and investors. well, they hope so anyway. that's from wednesday on world business today and across cnn program willing. meanwhile, that's it for this...
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felicia taylor, cnn, new york. >>> so, who is taking the lead in this new computing paradigm and what will cloud computing companies actually deliver in terms of interactivity and content? our special series continues tomorrow with a look at where cloud computing is now, where it's going and where the investment opportunities lie. tune in for that if you can. >>> coming up next we're going back to the opec summit in vienna and we'll hear more from our business analyst about the numbers behind the market for crude oil. plenty more to come on the show. >>> hello and welcome back to cnn "world business today". >>> oil and water separation is forming at the heart of opec, the organization responsible for 40% of the world's total oil reserves. on one side is the group's biggest producer, saudi arabia, which wants to raise output. on the other side, what we have is the second place nation, iran, backed that want to keep status quo. the standoff is set to dominate talks that began in the past hour in vienna. we're joined live from the austrian capital. john, you were there when the proceedin
felicia taylor, cnn, new york. >>> so, who is taking the lead in this new computing paradigm and what will cloud computing companies actually deliver in terms of interactivity and content? our special series continues tomorrow with a look at where cloud computing is now, where it's going and where the investment opportunities lie. tune in for that if you can. >>> coming up next we're going back to the opec summit in vienna and we'll hear more from our business analyst about...
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you can find them all over new york city. psychics. our first stop, karen thorn. >> he has one of the best charts. >> reporter: reading the astro logical signs of fed chairman ben bernanke, she sees hope for the global markets even as key fed economic stimulus ends. >> his moon sign, a person's other side, is scorpio. >> reporter: the markets may not fall at the end of june? >> no. i see him having success primarily in july, august and september and october. in october, he's really, really happy. i don't think he would be, right, if things were going terribly. >> this says new people. >> reporter: usie ining cards, w also sees hope for the u.s. economy. >> actually it's not bad. promising outlook, profitable changes. come later in september, october. >> because we have an august deadline for the debt ceiling to be raised. if they are able to do that, the united states has a better path moving forward. >> it does look like it will improve. >> reporter: as for greece -- >> my feeling is that all of europe is going to see what greece is s
you can find them all over new york city. psychics. our first stop, karen thorn. >> he has one of the best charts. >> reporter: reading the astro logical signs of fed chairman ben bernanke, she sees hope for the global markets even as key fed economic stimulus ends. >> his moon sign, a person's other side, is scorpio. >> reporter: the markets may not fall at the end of june? >> no. i see him having success primarily in july, august and september and october. in...
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and in new york steve hindy takes a gamble on a new product as he goes from beers to tonics. >> so that's it for "the boss." now promoting post apocalyptic accommodation has for too long, it seems, been an underground enterprise. while the living quarters are saying strictly subterranean, one company, it seems, is moving doomsday dwellings into the mainstream. when vivos launched it focused on living in luxury after earthly annihilation. but for a little under $10,000 you can now gain access to a bargain bunker with the bare necessities, six months' worth of survival. if you can't afford it, don't worry. it's not the end of the world. and you can read that story and watch the report that goes with it online at cnnmoney.com and don't forget to contact us via facebook at cnn.com/cnnwbt. and that's about it for this edition of "world business today." thank you very much for joining us. -- captions by vitac -- www.vitac.com
and in new york steve hindy takes a gamble on a new product as he goes from beers to tonics. >> so that's it for "the boss." now promoting post apocalyptic accommodation has for too long, it seems, been an underground enterprise. while the living quarters are saying strictly subterranean, one company, it seems, is moving doomsday dwellings into the mainstream. when vivos launched it focused on living in luxury after earthly annihilation. but for a little under $10,000 you can...
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i'm alison kosik in new york. >>> cuba's economy is turning to the right as the caribbean nation continues to shake off its soviet style economic policies. small entrepreneurs are helping to drive that change. shasta darlington looks at startups in havana taking advantage of the new rules. >> reporter: working from her back porch turned beauty is ajuan, juana ramirez applies a coat of fire engine polish. she charges the equivalent of 50 cents for a manicure. "i loved my career but i didn't make enough to survive. this won't make me rich but i make enough to live on." like many going into business, relatives abroad help keep her afloat with a steady supply of nail polish. this mobile phone doctor wouldn't be in business at all if it weren't for the startup money that an uncle in miami sent him. he cracks enscription codes and fixes phones, most of them sent from family abroad. cuba announced the biggest shakeup to its soviet style economy last year publishing guidelines on how to set up small businesses it hopes will offset massive layoffs in the state sector and provide a steady flow of mt
i'm alison kosik in new york. >>> cuba's economy is turning to the right as the caribbean nation continues to shake off its soviet style economic policies. small entrepreneurs are helping to drive that change. shasta darlington looks at startups in havana taking advantage of the new rules. >> reporter: working from her back porch turned beauty is ajuan, juana ramirez applies a coat of fire engine polish. she charges the equivalent of 50 cents for a manicure. "i loved my...
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. >>> it seems as though there's been a bit of bargain hunting in new york ahead of the start of today's trading session. just a short time ago, features were looking up, they're still up but by modest amounts. the nasdaq leading the way up by about 0.10%. andrew? >>> the other big story in the u.s. at the moment is the political posturing over the country's debt limit. as lisa siylvester explains f lawmakers don't raise the debt limit by august 2nd, america is at risk of defaulting on bond payments. >> reporter: if the debt ceiling is not raised t could have a catastrophic effect on main street. the treasury department lays out a frightening scenario. as we near the beginning of august, interest rates could increase if investors start to get spooked and it appears that the u.s. may not meet its financial obligations. if congress continues not to act, social security and medicare checks could be stopped or delayed and services could be cut off to military families and unemployment benefits halted. the cost of borrowing for everything from a house to college tuition could rise steeply. on
. >>> it seems as though there's been a bit of bargain hunting in new york ahead of the start of today's trading session. just a short time ago, features were looking up, they're still up but by modest amounts. the nasdaq leading the way up by about 0.10%. andrew? >>> the other big story in the u.s. at the moment is the political posturing over the country's debt limit. as lisa siylvester explains f lawmakers don't raise the debt limit by august 2nd, america is at risk of...
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i'm felicia taylor in new york. >>> that third day of gains in the u.s. comes amid a wild ride for u.s. stocks this year. after six months of see-saw trade, the s&p 500 added just a little over 4%, which really isn't much more than inflation. if you have cash in the bank and thinking of trying to avoid inflation, perhaps putting it in the stock market with those returns aren't necessarily an attractive proposition given the risks. >>> looking ahead to thursday's session on wall street, the u.s. markets look set to open slightly high as you can see. a little bit higher than we were when we looked into the u.s. future markets 20 minutes ago. we have the dow jones industrial average leading the charge in terms of the futures. last time we looked it was the s&p 500. >>> now, in greece, the government has given the go-ahead to hash budget cut in order to get more bailout money from the eu. now the politicians have to figure out how they're actually going to be implementing those cuts. that's on parliament's agenda in athens today. boy will it be painful. we'll
i'm felicia taylor in new york. >>> that third day of gains in the u.s. comes amid a wild ride for u.s. stocks this year. after six months of see-saw trade, the s&p 500 added just a little over 4%, which really isn't much more than inflation. if you have cash in the bank and thinking of trying to avoid inflation, perhaps putting it in the stock market with those returns aren't necessarily an attractive proposition given the risks. >>> looking ahead to thursday's session on...
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and in brooklyn, new york, playing up the underdog status. steve tells us how he used the viral and aggressive gorilla marketing to get ahead. >> michael wu had made millions of dollars out of his food and beverage business. however, his wealth is not that unusual here in hong kong with the fourth highest concentrations of millionaires anywhere on earth. but according to a new study by the boston consulting group, you have to look elsewhere in asia for the highest concentration. to be precise, singapore. 15.5% of households in the city boasted more than $5 million in assets last year. that's more than 1 in every 10 houses. singapore is positioned for the booming economy of indonesia, the economies around it and helped boost that figure. let's move on to the number two nation and it counts sepp blatter among the mill their club. just under 10% of households in switzerland have $1 million in assets. the future world cup host qatar taking the number three spot, 8.9% of residents pass the millionaire marketer and i can reveal i'm not amongst that
and in brooklyn, new york, playing up the underdog status. steve tells us how he used the viral and aggressive gorilla marketing to get ahead. >> michael wu had made millions of dollars out of his food and beverage business. however, his wealth is not that unusual here in hong kong with the fourth highest concentrations of millionaires anywhere on earth. but according to a new study by the boston consulting group, you have to look elsewhere in asia for the highest concentration. to be...
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. >> we use honey from upstate new york. >> brew master garrett oliver explains why in this case less is more. >> these are deems we dream up every once in a while and will stick around for several weeks and they're gone and we move on to other things, kind of like the chef's specials at a restaurant. >> steve has given his creative team free reign to experiment. he says he doesn't see it as a risk. >> i trust garrett implicitly with this. he's got a great team working with him, and they're really good at this. this is a great example of a pretty abstract notion to get into a glass of beer. but they've done it. >>> next week on "the boss" -- >> seeing yourself on tv, it's great self-awareness and think i've learned a lot with that. >> we've shared the highs and lows, witnessed past successes an learned of his future plans. now almost a year on since our first visit to maxim's, it's time to say good-bye to michael wu. that's next week on "the boss." >>> this is "world business today," and that is an emperor penguin on a beach in new zealand, thousands of miles from home. find out what
. >> we use honey from upstate new york. >> brew master garrett oliver explains why in this case less is more. >> these are deems we dream up every once in a while and will stick around for several weeks and they're gone and we move on to other things, kind of like the chef's specials at a restaurant. >> steve has given his creative team free reign to experiment. he says he doesn't see it as a risk. >> i trust garrett implicitly with this. he's got a great team...
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york-paris, we have to become pilots ourself. 25 years later there were 200 people in the airplanes. so solar impulse is full of batteries, just one pilot on board. who knows what's going to happen in the future? >> breaking the mold indeed. you're watching "world business today." we're live on cnn. we'll be back after this. i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plu
york-paris, we have to become pilots ourself. 25 years later there were 200 people in the airplanes. so solar impulse is full of batteries, just one pilot on board. who knows what's going to happen in the future? >> breaking the mold indeed. you're watching "world business today." we're live on cnn. we'll be back after this. i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover...
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Jun 18, 2011
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>> this is the question that "the new york times" asked me and everyone asks and would like the answer to. i have spoken to the facts that i lived them. i only know the incident concerning professor cole as we've summarized it today. i don't know what happened beyond my knowledge or sight or professional activities. >> you know these facts. you lived them as you just said. do you believe those facts constitute illegal behavior, the request, and the effort to gather information through the agency that could be used to damage a u.s. citizens reputation? >> this is why i was shocked and why i took the steps that i did and why i said i was flabbergasted and hurried around the building looking for the person to challenge about it. it smothers milk in the agency. the executive order that says cia has nothing to do with and doesn't spy on or collect information on or do anything concerning american citizens unless there's a very rigorous protocol followed. this is information unrelated to a national security issue and clearly the cia cannot engage in. all of my colleagues and i know that. >>
>> this is the question that "the new york times" asked me and everyone asks and would like the answer to. i have spoken to the facts that i lived them. i only know the incident concerning professor cole as we've summarized it today. i don't know what happened beyond my knowledge or sight or professional activities. >> you know these facts. you lived them as you just said. do you believe those facts constitute illegal behavior, the request, and the effort to gather...